India, July 2 -- Gold prices declined by Rs 166 in futures trade on Thursday as subdued spot demand weighed on the precious metal.
On the Multi Commodity Exchange (MCX), gold contracts for August delivery fell 0.11%, or Rs 166, to Rs 1,44,264 per 10 grams, with a business turnover of 1,370 lots.
According to analysts, the decline in gold futures was primarily driven by weaker demand in the spot market.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....